CareRx (OTCMKTS:CHHHF) Trading Down 20.3%

Shares of CareRx Co. (OTCMKTS:CHHHFGet Rating) traded down 20.3% on Wednesday . The stock traded as low as $2.35 and last traded at $2.35. 100 shares were traded during trading, a decline of 84% from the average session volume of 612 shares. The stock had previously closed at $2.95.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on CHHHF. Desjardins cut their price objective on CareRx from C$7.00 to C$6.00 in a research report on Wednesday, August 17th. Stifel Nicolaus cut their price objective on CareRx from C$7.50 to C$6.50 in a research report on Tuesday, August 16th.

CareRx Stock Performance

The company has a 50-day moving average of $3.03 and a 200 day moving average of $3.54.

About CareRx

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CareRx Corporation, together with its subsidiaries, provides specialty pharmacy services to seniors in Canada. The company operates a network of pharmacy fulfilment centers that provide chronic medication and other specialty clinical pharmacy services. It serves approximately 50,000 residents in approximately 900 seniors and other communities, including long-term care homes, retirement homes, assisted living facilities, and group homes.

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